Samsung plans newer products for India

South Korea-based consumer electronics and mobile giant Samsung is betting on developing and delivering a quicker innovation pipeline to consolidate its position in India.

"We are here to push the boundaries for consumers with innovation," said BD Park, president and CEO, Samsung South West Asia, at the company's annual event Samsung Forum 2013 here. "Our focus is to accelerate discoveries and open up newer possibilities."

Samsung showcased its upcoming technology products that includes an 85" high definition television, wobble washing machine, and notebooks at the event. The new product lineup will be available in India from May onwards. However, the company did not provide any price details.

Samsung India's Rs 27,000-crore revenue in 2012, up by about 35% from last year, contributes about 4% to its global revenue. The company is expecting to maintain similar growth momentum this year as well.